Phil Reed

Latest Stories (2)

Would you or better yet, should you buy a pre-paid car maintenance plan?

Sep 23, 2011
When you buy a new car, the finance manager might try to sell you a pre-paid maintenance plan. On the spur of the moment, this might sound like a...

Why are used cars so expensive?

Sep 23, 2011
We get an update on the state of the used car market from Phil Reed of Edmunds.com. He was -- and still is -- in favor of buying used, but now has a few caveats.